|Jan 12, 08:30||Consumer Price Index (YoY)||1.4%||1.7%|
Consumer Price Index (YoY)
The Consumer Price Index released by the SCB - Statistics Sweden is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of Swedish Krona is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Krona, while a low reading is seen as negative (or bearish).
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